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> If nothing else, can you actually imagine a politician celebrating houses going down in price This is a big part of the problem imho - its a treadmill that y
by chadcmulligan 6y ago
> If nothing else, can you actually imagine a politician celebrating houses going down in price
This is a big part of the problem imho - its a treadmill that you can't get off. With an ageing population that all own houses and getting generally more conservative, I can't see it changing any time soon. It strikes me as odd that everything is getting cheaper except houses - and you may say its land, but if thats the case apartments should be getting cheaper.
- CalRobert 6y agoeverything else getting cheaper is part of _why_ houses are getting more expensive. The savings get poured in to outbidding each other.
- chadcmulligan 6y agoThats an interesting thought.
- CalRobert 6y agoGoogler couple: "if we go for the cheap Tesla we can bid 3.1 instead of 3.2" Facebook couple: "If we go for the cheap round-the-world holiday we can bid 3.3 instead of 3.2" and on it goes.